Can Ideas be Capital? Factors of Production in the Post-Industrial Economy: A Review and Critique

Dean, Alison and Kretschmer, M. (2003) Can Ideas be Capital? Factors of Production in the Post-Industrial Economy: A Review and Critique. Working paper. Kent Business school (Full text available)

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Abstract

Economic and social relations are undergoing radical change, expressed in such concepts as “knowledge economy,” “weightless economy,” “postindustrial society,” and “information society.” The literature suggests the arrival of a distinct new factor of production—intellectual capital—replacing or perhaps supplementing land, labor, and capital. We give a historically informed theoretical exposition of capital as the durable result of past production processes, transforming future production while not being transformed itself and associated with a particular economic actor. We then construct a taxonomy of the possible characteristics and location of intellectual capital in postindustrial production.

Item Type:	Monograph (Working paper)
Additional information:	working paper no. 38
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	Faculties > Social Sciences > Kent Business School > International Business and Strategy
Depositing User:	Alison Dean
Date Deposited:	15 Sep 2008 10:12 UTC
Last Modified:	16 May 2014 11:10 UTC
Resource URI:	https://kar.kent.ac.uk/id/eprint/9145 (The current URI for this page, for reference purposes)